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Welcome > Sitemap > Local Information ...
Evansville and Newburgh Information:
About Evansville - Moving to Evansville, Indiana? Get info here... About Newburgh - Moving to Newburgh, Indiana? Get info here... Evansville Info - Get info here... Evansville Tour - Get info here... School Reports - Reports for Evansville and Newburgh schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Evansville and Newburgh, in Vanderburgh County IN. Go to Main Sitemap - Main sitemap sections include Find Evansville and Newburgh Homes, For Home Buyers, For Home Sellers, Evansville and Newburgh Information, Real Estate Resources, and About Wayne Ellis.
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First Time Buyers >The Real Bottom Line
An important part of buying a house is sitting down with your real estate agent or a mortgage lender to get a clear idea of how much you can afford. They will add up all of your monthly expenses, the mortgage payment, insurance, real estate taxes, homeowners or condo association fees--and the grand total can throw you into shock!
The important thing to remember is that the grand total isn't really the bottom line. When you add your tax savings to the equation, you may be pleasantly surprised. During the early years of your loan, almost all of the mortgage can be deducted from your state and federal income tax. The same is true of your real estate taxes. If you use part of your house as a home office, you may be able to qualify for additional tax savings. In some areas, homes with ground floor apartments are popular for offsetting part of the mortgage and offering even more tax savings.
When you make calculations about the monthly costs that include the tax savings, you may find that owning your own home is less expensive than renting a house or apartment of comparable size.
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| Q |
What was the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?
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That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles. |
 See More Real Estate Trivia > |
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Wayne Ellis
F.C. Tucker Emge Realtors
7820 Eagle Crest Blvd. Suite 200
Evansville, IN 47715
812-479-0801
Fax: 812-474-2111
Wayne@WayneEllis.com
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